The reason is that Chile is the brightest spot in Latin America. It has very fast growth, low unemployment. It privatized its Social Security system, which we in USA were unable to do. — Allan H. Meltzer Copy Share Image
Governments harangue about deficits to get more revenue so they can spend more. — Allan H. Meltzer Copy Share Image
There is a flaw in the operation of representative government. The flaw produces the growth of government. — Allan H. Meltzer Copy Share Image
The reason is that Chile is the brightest spot in Latin America. It has very fast growth, low unemployment. It privatized its Social Security… — Allan H. Meltzer Copy Share Image
Capitalism without failure is like religion without sin. Bankruptcies and losses concentrate the mind on prudent behavior. — Allan H. Meltzer Copy Share Image
Milton Friedman had the grace and good sense to recognize that he wanted to talk to the general public. He wasn't going to just… — Allan H. Meltzer Copy Share Image
